Haven’t find any trace of staking option in the wallet or the web page. How is it done and what are the advantages of staking?

I can imagine that staking would be of enormous importance for Block Producers, as this is, if I have correctly understood, DPOS system, which relies on staking. On the other hand, it is very hard to have a serious conversation on this topic before we got an initial value of SNAX. When I buy my first snack with SNAX, then we can talk.

On the other hand, while SNAX does not have any value, staking could be the best starting option — since you already can’t buy anything with it, why not ‘put it in savings’, right? Having a nice quantity of SNAX in the moment of initializing value, can be quite lucrative. Hope it won’t be a huge value in the beginning, since many of the bitcoin early adopters went nuts. I really do not wish a yacht much larger than football stadium, four solar flying cars, and certainly not more than 12 wives. I was always modest by nature…

Sorry, I couldn’t resist :)

https://snax.one/steem/lighteye

Comment as you see fit!

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Linked posts:

Q09 — What Will Make A SNAX Block Producer Worthy Of Your Vote? Or A STEEM Witness?

Q08 — Do You Vote For Block Producers In the SNAX Ecosystem? How About Witnesses In The Steemit Ecosystem? If So, For How Many / How Often?

Q07 — Do You Write For Other Blockchain-based Platforms? If Yes, Can You Try To Rank Them Based On The ROI On Each Of Them?

Q06 — What Are The 3 Most Plausible Use Cases For The SNAX token?

Q05 — What Are The Most Plausible dApps You See Developed On The SNAX Blockchain?

Q04 — Where Do You See The Price Of SNAX In 6 Months, 1 Year And 3 Years? Why?

Q03 — What Do You Think About The SNAX Reward Algorithm?

Q02 — What Was The Most Difficult Part In Linking Your Account With SNAX And How Could This Process Be Improved?

Q01 — When did you first hear about SNAX and in what context?

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